India’s November LNG imports drop 17.8 pct

Kochi LNG storage tanks (Image courtesy of Petronet LNG)

India’s imports of liquefied natural gas (LNG) dropped in November, logging a decrease for the second straight month.

India imported 2.12 billion cubic meters of LNG or about 1.54 million tonnes last month, a drop of 17.8 percent year-on-year, according to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC).

The costs of these imports were at $0.9 billion compared to $0.8 billion in November last year.